ATLANTA -- Moody's Investors Service yesterday released a comparison of four Carolina public power utilities that could spell ratings trouble for the agencies.

The report, entitled "Public Power in the Carolinas: Future Challenges in Deregulated Markets," is Moody's first comprehensive regional comparison of utilities, focusing on: the North Carolina Eastern Municipal Power Agency, the North Carolina Municipal Power Agency No. 1, and the Piedmont Municipal Power Agency in South Carolina. Moody's rates the bonds of each authority A.

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